The upcoming sanctions on Iran provide a golden opportunity to commercialize more U.S. oil in the Indian market.
Read More »OPEC Looking for Legal Strategy as U.S. Pushes Anti-Cartel Bill
OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.
Read More »Japan Stops Imports of Oil from Iran
Oil supplies from Iran should be completely stopped by October.
Read More »Putin: Nord Stream 2 will not Influence Ukraine
Russia'.s leading energy enterprise Gazprom and its partners intend to start implementing the Nord Stream-2 project worth almost 10 billion euros in April 2018.
Read More »Trump will Compete with Russian Energy
Trump has been actively pushing for European countries to diversify their energy supplies away from Russia.
Read More »Iran Denounce Saudi Arabia for Pumping `Above Target`
Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.
Read More »Putin to Trump: Russia will Continue Gas Transit through Ukraine
The American president said that the US will compete with Russia in the European gas market.
Read More »Russia and Ukraine in Talks to Minimize `Gas Wars`
Kiev fears the loss of revenue from transit taxes. on top of being bypassed politically as well as physically by new gas pipes.
Read More »Could Russia and US Work Together to Regulate Oil Prices?
Trump has said Putin is ``a competitor. and a good competitor he is.``
Read More »5 Geopolitical Factors Which Have Affected Oil Prices in 2018
Venezuela now produces almost half of the oil it did two decades ago.
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